Hello,
One of my relative suffered huge business losses and because of which he is unable to repay some of the loans he had taken from the local market. All of the local market loan was black money for which he had to pay 3 - 4% interest per month. Now the lenders are harassing and torturing his family, making him and all other relatives sign several documents and imposing criminal charges on him. The local police is with the lender and helping the lender in getting all documents signed.
This relative declared to the lender that they can take whatever he has left and is ready to surrender all his possession to them, but the lenders are not accepting, even though all transactions too place in cash, with literally no legal record of money being lend by these lenders to my relative. Anyone who is trying to help him or his family is being made to forcefully sign documents that they were also involved in the money borrowing and are being put behind bars. This way, the police has already arrested all male members of their family, and the lenders along with the local goons are now harassing the female members of the house.
What legal resorts do they have now?
Regards
